Global

UNITHOLDERS in The Partners fund will be able to transfer tax free into Nils Taube's new S&W Taube Global fund.

THREADNEEDLE Investments has strengthened its Far East and Asian equity range by launching the Threadneedle China Opportunities fund.

UBS is to launch a US large cap fund for Tom Digenan using the hedge fund-like 130/30 technique, Professional Adviser has learned.

GOLDMAN Sachs Asset Management (GSAM) has expanded its Flex fund range with the addition of a Japan fund.

F&C has hired former Royal London Asset Management (RLAM) fund manager Stefan Bain as director of Japanese equities.

ALED Smith is to take on the £270m M&G Asian fund, assuming management responsibilities from Hong Kong-based Neil Mackay.

SCHRODER is the latest fund house to go global in the search for income with a new fund launch.

T. ROWE Price is planning to expand its Luxembourg-domiciled SICAV range with the addition of two new funds.

SCOTTISH Widows Investment Management (SWIP) is to add a series of new funds to its UK retail range this summer with a European Absolute Return fund and an International Small Caps fund planned.

MULTI-MANAGER firm Margetts has sold the Fidelity European fund from its International Strategy offering and replaced it with Schroder European Alpha Plus.